With casino mogul Steve Wynn stepping down from his position of chief executive of the $18 billion hotel empire that bears his name, questions have emerged about whether an activist investor could come ...

Moody's Investors Service today revised the rating outlook of Wynn Resorts, Limited's (Wynn Resorts) following the company's announcement that Steve Wynn, the company's founder, stepped down as its Chief ...

Matt Maddox, who has taken the helm at Wynn Resorts Ltd after founder Steve Wynn resigned in the wake of sexual misconduct allegations, is a veteran employee long seen as a natural successor to his former boss. "With Matt, Wynn Resorts is in good hands. Wynn has denied the accusations published by the Wall Street Journal that he routinely subjected women who worked for him to unwanted advances as "preposterous".

Global stocks were mixed Thursday, with European stocks declining after gains in Asian, as investors appeared skittish after this week's financial turmoil. The pound rose sharply after the U.K. central ...

The board of Wynn Resorts (WYNN.O) has been sued by shareholders, claiming the board knew for years that Steve Wynn, founder and chief executive of the casino operator, had been accused of sexual misconduct and failed to investigate. Wynn resigned on Tuesday after accusations of sexual misconduct by women who worked for him, becoming one of the biggest names in the business world to quit over such accusations. The accusations were reported by the Wall Street Journal in January.

Shares in Wynn Macau (1128.HK) rose 6 percent on Thursday as trade resumed following the resignation of its founder Steve Wynn in the wake of allegations that he subjected women who worked for him to unwanted sexual advances. Wynn Resorts Ltd (WYNN.O), the parent company of Wynn Macau, said it has appointed Matt Maddox, its president since 2013, as chief executive. Maddox, who has been with Wynn Resorts since it was founded in 2002, is seen as a firm hand and is widely viewed as a favored protege of Wynn.

Shares of Wynn Resorts Ltd. soared more than 9% Wednesday, after Founder and Chief Executive Steve Wynn stepped down from his role, succumbing to the pressure on the company and its stock following allegations ...

Shares of Wynn Resorts (WYNN) gained more than 8% in early morning trading hours Wednesday after the company announced that Steve Wynn has resigned from his position as CEO and chairman in the wake of a report alleging that the casino mogul engaged in decades of sexual misconduct.

Billionaire gambling magnate Steve Wynn has resigned as chairman and CEO of Wynn Resorts Ltd. amid allegations of decades of sexual misconduct by Wynn, reviews from state gambling controllers in at least two states and a plummeting share price. Wynn, 76, will be replaced by Wynn Resorts President Matt Maddox effective immediately. The Wynn Resorts (WYNN) board said Boone Wayson would become non-executive chairman.

"Our view that Wynn Resorts is likely to retain its gaming licenses is buoyed by Steve Wynn's removal ... given that gaming commission investigations of suitability appear to be centered on allegations against the company founder," Wasiolek said. Kerkorian then created MGM Mirage and Wynn went on to create Wynn Resorts in 2002.

Wynn, 76, who resigned as CEO on Tuesday, has denied the allegations. Wynn's shares fell briefly in premarket trading on Wednesday, but then rose 5.5 percent. Up to Jan. 26, Wynn's shares had risen more than 15-fold since its initial public offering in 2002.

The company said it was appointing Matt Maddox, its president since 2013, as chief executive, effective immediately. Maddox, who has been with Wynn Resorts Ltd since it was founded in 2002, is seen as a firm hand and is widely viewed as a favoured protege of Wynn. As the "MeToo" movement galvanizes women to publicly air their experiences, Wynn's decision represents a rare resignation by a head of a major listed company in the wake of such accusations.

U.S. casino mogul Steve Wynn has resigned as CEO of his company Wynn Resorts following claims he subjected women who worked for him to unwanted advances, becoming one of the most prominent business leaders to quit over sexual misconduct allegations in recent months. The company said it was appointing Matt Maddox, its president since 2013, as chief executive, effective immediately. Maddox, who has been with Wynn Resorts Ltd since it was founded in 2002, is seen as a firm hand and is widely viewed as a favoured protege of Wynn.

Matt Maddox, who has taken the helm at Wynn Resorts Ltd after founder Steve Wynn resigned in the wake of sexual misconduct allegations, is a veteran employee long seen as a natural successor to his former boss. "With Matt, Wynn Resorts is in good hands. Wynn has denied the accusations published by the Wall Street Journal that he routinely subjected women who worked for him to unwanted advances as "preposterous".

He was the undisputed King of Las Vegas. His signature graced the side of the city’s fanciest casino and his gravelly voice greeted callers to the hotel. But now Wynn Resorts Ltd. will have to get used ...

Trade in shares of Wynn Macau Ltd were suspended on Wednesday, the Hong Kong stock exchange said without providing further details. Last week, Macau's gaming regulator met with representatives of U.S. ...